Why Shares of Apple Are Surging Today
Shares of the large consumer tech company Apple (NASDAQ: AAPL) traded over 3% higher, as of 10:54 a.m. ET today. The move comes after a U.S. federal judge ruled that , the parent company of Google, would not have to divest Chrome and could keep paying partners to feature its search engine on their web browsers.
Last year, U.S. District Judge Amit Mehta ruled in favor of the U.S. Department of Justice in a lawsuit against Google, saying that the search engine giant had indeed acted as an illegal monopoly with its digital advertising practices. But yesterday, Mehta stopped short of granting the DOJ's request to have Google divest Chrome.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Stock
€309.45
0.800%
With 166 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 334 € there is a slightly positive potential of 7.93% for Alphabet Inc. A compared to the current price of 309.45 €.
